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Burlington MA Single Family Real Estate Summary For 2nd Quarter 2013

The Burlington MA single family real estate summary for 2nd quarter 2013 below detail figures on average prices, number of listings, and marketing time frames for the last several years. Average sale prices provide valuable information about the condition of the market, especially when compared to past years. The volume of listings shows us market activity. Lastly, the days on market demonstrates demand. When viewed together, these 3 figures will help you determine if it is the optimal time to purchase or sell a home, how long that may take, and the price you may pay.

Single Family Real Estate Prices for Burlington MA

2nd Quarter Average Price of Homes Closed

The average sales price in Burlington MA for the 2nd quarter increased 19.13% from $391,908 to $466,887. This after it decreased -1.77% from $398,968 to $391,908. That after a -5.22% change. The recent incline is a change in direction from previous years.

2008

$380,773

2009

$389,876

2010

$420,937

2011

$398,968

2012

$391,908

2013

$466,887

2nd Quarter Listing Volume

The Listing volume in Burlington MA for the 2nd quarter changed 0% from 51 to 51. In the time frame before that, it increased 24.39% from 41 to 51. Before that there was a -32.79% change. These figures exhibit no consistent pattern across the last few years.

2008

41

2009

42

2010

61

2011

41

2012

51

2013

51

2nd Quarter Average Listing Time Frame

The Average listing time frame in Burlington MA for the 2nd quarter decreased -24.14% from 87 to 66. In the time frame prior to that, it increased 3.57% from 84 to 87. Prior to that was a -1.18% change. There is no consistent pattern across the last few years.

2008

94

2009

89

2010

85

2011

84

2012

87

2013

66

Burlington MA Single Family Real Estate Summary For 2nd Quarter 2013

Interest rates are still low. Prices are continuing to rise. Now is a great time to buy before prices and rates continue to rise. Please contact me for mortgage options with as little as 3% down and NO PMI. For more Burlington MA single family real estate summary for 2nd quarter 2013 or information for neighboring cities and towns, please contact Christopher Graves, Operations Manager at Emery Federal Credit Union by calling 781-759-1200 x22 or emailing christopher.d.graves@gmail.com. Note: These figures were extracted from third parties including county records and the Massachusetts MLS Property Information Network, Inc. It is meant to offer a general overview of the real estate market, are not guaranteed accurate, and may not necessarily include every single family sold in Burlington.

I grew up in Massachusetts, spent the majority of my young adult life in Boston, and own a home in Windham NH. I have owned properties in MA and NH. I specialize in mortgage lending in Massachusetts and New Hampshire and my company does have the ability to lend in other states. I graduated from the University of Massachusetts in Amherst Massachusetts in 2002. I have a Bachelor’s in Science. In addition to managing a team of loan officers my personal loan production is always in the top of the entire of company. I have personally been in the mortgage business for over 13 years. I pride myself with taking my clients from application to close in the smoothest and quickest way possible, while keeping them well informed during the entire process. I originate my own loans from start to finish and work hand in hand with my loan processors & underwriters to make sure I am updated to the minute with all of my files. I stay up to date with lending guidelines and speak with underwriters on a daily basis to ensure I am aware of all of the lending guidelines in place.

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